Is It Covered? Flood
March 29, 2023
The term “flood” is used quite liberally in everyday language. Is water backing up in your investor client’s basement? They may tell you, “The basement flooded.” But did it really,
Category: Seasonal Tips
Unique Challenges Real Estate Investors Face in Disaster Preparation
March 29, 2023
There are plenty of resources to help homeowners get their families and their homes ready for a potential natural disaster. However, real estate investors have some unique challenges in readying
Tornado Preparation for Investment Properties
March 16, 2023
Catastrophic weather events are unpredictable and can escalate quickly. Once they begin, there is usually little time to run for cover. Natural disasters don’t wait on humans to be ready
Preparing Investment Properties for Severe Spring and Summer Weather
February 27, 2023
The weather is warming up and now is great time to help your clients prepare for upcoming risks that come with spring and summer weather. It may be surprising how much advance planning is necessary. Thunderstorms, flooding and tornadoes are approaching, so how can you relay the importance of this preparedness to your investors and clients?
Is It Covered? Burst Pipes
February 6, 2023
It is commonly assumed that water damage resulting from a burst pipe is covered under all policies. However, Water Damage as a result of a burst pipe is NOT covered
Help Clients to Avoid Post-Storm Scams
October 4, 2022
Our thoughts are with all of those who were affected by Hurricane Ian.
Unfortunately, some unethical individuals wish to take advantage of those who have just suffered a loss. Service providers may attempt to exploit your clients’ difficult situation by pressuring them into signing an unread contract and inflating repair costs.
Is It Covered? Named Storm
September 29, 2022
If your investor clients have properties in coastal locations, it might not always be clear if they have coverage when a tropical storm or hurricane passes through. Damage may occur because of the force of winds, rain driven by those winds, storm surge, and flooding. Some carriers get very specific about separating these coverages versus covering damage occurring in one storm event under the Named Storm peril.
Top Property Maintenance Tips for Every Season
February 7, 2022
The New Year is all about self-improvement. And though some people dread New Year’s resolutions, real estate investors salivate at the sound of “new”. After all, real estate investors improve things for a living. Now, improvement is wonderful, but all this betterment does take planning.
Shield Investment Properties from Winter Risk, Pt 2
February 7, 2022
Winter has made its presence known, but your investor clients can still fortify their “castles” against the cold. The saying “better late than never” holds true here. In this two-part article series, we are looking at four winter perils from which your clients need to shield their properties. In Part 1, we addressed ways to protect occupied properties and this time, we’ll cover vacant properties and renovation projects.
Shield Investment Properties From Winter Risks, Pt 1
January 10, 2022
Many regions of the U.S. have already received their first snows and freezes, but your investor clients can still fortify their “castles” against the coming cold. In this two-part article series, we’ll look at four winter perils from which your client’s need to shield their properties. In Part 1, we address ways to protect occupied properties and next month, we will address vacant properties and renovation projects. Let’s get started.